Chip designer Advanced Micro Devices (NASDAQ:AMD) reports second-quarter (Q2) earnings on July 30 and the stock could move higher as a result.Expectations are lofty heading into the Q2 print. AMD stock has declined due to the current rotation out of technology names, with its share price having fallen 12% in the last month. But even before the rotation into small-cap and value securities, AMD stock had been struggling since the company’s previous first-quarter financial results met but did not exceed Wall S ...